CONTINENTAL DERIDE

May 15, 2000

Continental Casualty Co. has agreed to pay nearly $135,000 in refunds to approximately 250 Mississippi residents as a result of a rate review analysis conducted by the Mississippi Insurance Department and Continental Casualty. The review revealed several instances in which Continental’s rate increases were implemented for some group association health policies, but never filed with the department of insurance. In other instances, rate increases exceeded those allowed by the department.